6. factors of production Ralphs firm is expanding. It tentatively plans to add a sales force. The...
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6. factors of production Ralph’s firm is expanding. It tentatively plans to add a sales force.
The sales force will require the usual trappings of an automobile, personal computer, state-of-the-art communication equipment, and so on. Since no precedents have been set, the firm has an open mind on the question of who should own this equipment. Discuss the ownership issue. Would ownership matter in the world of Chapter 2?
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